Second Drill Rig Added At The Tyko Project

TORONTO - Palladium One Mining Inc. reported the highest-grade drillhole intercept to date on the Tyko Property, from the West Pickle massive sulphide discovery in Ontario, Canada. The Tyko Property hosts nickel, copper and cobalt, each of which has been designated a Critical Mineral.

President and CEO, Derrick Weyrauch, said, "With assays of up to 12.8% nickel equivalent over 2.3 meters, drillhole TK-22-070's nickel grades exceed those of our 2020 award-winning Smoke Lake Discovery located 20 kilometers to the east. These are truly spectacular grades over mineable widths. Given the spectacular grades we added a second drill rig in November to also focus on West Pickle."

The West Pickle discovery occurs on the Pezim II claim block of the larger Tyko Project. To date a total of 20 holes, totaling 4,604 meters have been drilled in the vicinity of the West Pickle Discovery. Two drill rigs guided by a recent borehole electromagnetic (BHEM) survey are now focused on infilling and expanding the West Pickle massive sulphide mineralization. At present, West Pickle mineralization has been defined over more than 500 meters of strike length.